A subcontractor completes electrical work worth $25,000 on a Virginia project but is not paid. The general contractor was paid by the owner. What is the subcontractor's lien priority against the property?
Correct Answer
A) First priority, equal to the general contractor
Under Virginia mechanics lien law, subcontractors have equal lien priority with general contractors, regardless of whether the general contractor was paid by the owner.
Why This Is the Correct Answer
Under Virginia mechanics lien law, subcontractors have equal lien priority with general contractors, regardless of whether the general contractor was paid by the owner.
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A homeowner files a mechanics lien claim against a Virginia contractor for $28,000. The contractor believes the claim is invalid. What is the contractor's best course of action?
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Calculate the workers' compensation premium for a Virginia roofing contractor with $500,000 in annual payroll and a rate of $12.50 per $100 of payroll: